The Country of Yokovia Does Not Trade with Any Other

Multiple Choice

The country of Yokovia does not trade with any other country. Its GDP is $20 billion. Its government collects $4 billion in taxes and pays out $3 billion to households in the form of transfer payments. Consumption equals $15 billion and investment equals $2 billion. What is public saving in Yokovia, and what is the value of the goods and services purchased by the government of Yokovia?

A) -$2 billion and $3 billion
B) $1 billion and $3 billion
C) -$1 billion and $4 billion
D) There is not enough information to answer the question.